Financial Enhancement Group LLC Increases Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Financial Enhancement Group LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 4.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 343,898 shares of the company’s stock after purchasing an additional 13,254 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up about 2.8% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 7th biggest holding. Financial Enhancement Group LLC owned 0.40% of Invesco Russell 1000 Dynamic Multifactor ETF worth $22,377,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in OMFL. LPL Financial LLC boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% during the fourth quarter. LPL Financial LLC now owns 2,796,098 shares of the company’s stock valued at $170,925,000 after purchasing an additional 89,003 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.4% during the 4th quarter. Bank of New York Mellon Corp now owns 2,780,409 shares of the company’s stock worth $169,966,000 after purchasing an additional 64,978 shares during the last quarter. Bank of America Corp DE increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% during the 2nd quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock worth $123,862,000 after purchasing an additional 573,361 shares during the last quarter. Mariner LLC raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% during the 4th quarter. Mariner LLC now owns 885,885 shares of the company’s stock worth $54,156,000 after purchasing an additional 10,923 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.7% in the 3rd quarter. Raymond James Financial Inc. now owns 602,377 shares of the company’s stock valued at $36,299,000 after buying an additional 27,160 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.3%

BATS OMFL opened at $67.38 on Thursday. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $56.54 and a 12 month high of $69.36. The stock has a 50 day moving average of $67.06 and a 200-day moving average of $63.81. The company has a market cap of $5.78 billion, a PE ratio of 27.32 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Profile

The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks selected by a combination of five investment factors, which are weighted based on current macroeconomic conditions. OMFL was launched on Nov 8, 2017 and is managed by Invesco.